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    24 Philadelphia Ave Shillington, PA 19607

    Sponsored
    For Sale
    $499,000

    MULTI_FAMILY - Other - SHILLINGTON, PA

    Lot size:
    0.18 Acres
    Days on Market:
    47
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 24 Philadelphia Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Berkshire Hathaway HomeServices Homesale Realty (717) 286-9913 [email protected]

    Listing agent Edward G Freeman (610) 372-3200 License #RS273426

    Listing date Nov 20, 2025

    MLS# PABK2064232 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shillington Multifamily Investment Opportunity

    This rare five-unit rental property is located in the heart of Shillington. The property features four one-bedroom units and one two-bedroom unit. The current annual rents total $58,200, with several units being under market value. Gas heat and hot water are paid by the owner, while trash and recycling are paid by the tenants. This property is suitable as a starter property for a new investor or a solid addition to a seasoned investor's portfolio. The property is within walking distance of all major amenities and public transportation, and units are typically rented quickly when available. The property has recently passed the Shillington rental codes inspection and sits on a 0.18-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shillington
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.96667
    Latitude
    40.30254

    Nearby Similar for Sale

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      3,900 SF

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      Charming corner property with income potential in Shillington, Pennsylvania.
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      View Details
    • $350,000
      3,180 SF

      Shillington Office & Residential Condo

      Luxury Condo, Office Space, & Residence
      31 Sterley St, Shillington, PA 19607
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    FAQs

    What type of property is this?
    Quadplex - Five-unit property in Shillington with strong rental income potential.
    Where is this quadplex located?
    The property is located at 24 Philadelphia Ave Shillington, PA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Rare 5-unit rental property in the heart of Shillington.; - Current annual rents total $58,200.; - Potential to increase rents as several units are under market value.
    (610) 334-9678
    Request Owner's contact information
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    Shillington, PA 19607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24 Philadelphia Ave Shillington, PA 19607
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